Rooting out bias in machine learning models: Arize’s Bias Tracing can benefit healthcare and financial services by mapping systems and flagging instances of bias and their root causes.
Payments volume grew 17% YoY in Q2 despite leaving a major market. Visa is focusing growth ambitions on new tech like open banking.
The CFPB will use a dormant legal provision to examine nonbank financial companies that “pose risks to consumers.”
US Sens. Elizabeth Warren and Robert Menendez sent a letter to Early Warning Services regarding how it’s handling rising fraud.
The No. 1 biggest source of financial stress among US adults last month was managing living expenses, with 27% being most concerned about the cost of necessities like groceries, gas, and utilities. Saving, investing, and planning for the future were the second biggest stressor, cited by 19%, while managing debt was No. 3, with 13% calling it their primary financial worry.
The UK’s FCA found that the banks may have inadequate financial crime defenses.
Spend on the cloud, save in the cloud: Cybersecurity needs to be a priority for Wells Fargo as it moves to the cloud to help achieve its goals and save money.
The tech giant appears to have switched Apple Cash over from Discover to Visa and enhanced fraud prevention features for Apple Pay.